diff --git a/pkgs/development/tools/misc/terser/default.nix b/pkgs/development/tools/misc/terser/default.nix
index a0f6527d05e9..11877fcedd9e 100644
--- a/pkgs/development/tools/misc/terser/default.nix
+++ b/pkgs/development/tools/misc/terser/default.nix
@@ -2,16 +2,16 @@
 
 buildNpmPackage rec {
   pname = "terser";
-  version = "5.31.3";
+  version = "5.34.1";
 
   src = fetchFromGitHub {
     owner = "terser";
     repo = "terser";
     rev = "v${version}";
-    hash = "sha256-7B6dRulnSPD5s2w4nTXBPxJUCRvKD9++/Y1BMNm2ZwM=";
+    hash = "sha256-xbURSt4gBpDVxV5Y9tWfHKAQ7cLt0iAH8VFH6zfboyI=";
   };
 
-  npmDepsHash = "sha256-FMd2bbMHzo38/zJuOlpzGtRPwuoxmZJF/XF2KgTP2ak=";
+  npmDepsHash = "sha256-P2oHKwkDhUvLSUYpzhUxrNKZNGUbyB6KnwYbizHTrew=";
 
   meta = with lib; {
     description = "JavaScript parser, mangler and compressor toolkit for ES6+";